Upcomming IPOs

Upcomming IPOs

**Citizens Mutual Fund - 2 (100,000,000 Units)**NIBL Sahabhagita Fund (12,500,000 Units)**Himal Dolakha Hydropower Company Limited (6,200,000 Units)

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IPO RESULT


Main IPO Result

Monday, May 20, 2019

Himal Dolakha Hydropower issuing IPO from 14 Jestha 2076

Himal Dolakha Hydropower Company Limited to issue initial public offering (IPO) from 14 Jestha 2076. The offer will be remains open till 28 Jestha 2076. If issue is not subscribed, than it will be remains open till 13 Asar 2076.
It will be issuing 16,00,000 units for locals of projected affected areas. It will issue 62,00,000 units of shares for  general public after allotment to locals.
Locals of most affected including people from Ilam Municipality, Ward No 9,10 and Mai Municipality, Ward no 9 and all project affected people from Ilam district can apply for IPO issuance.
Interested applicants can apply for minimum 10 units and maximum 1 lakh units. Locals can apply through  ASBA & IPO forms can be collected from following banks;
  • Laxmi Bank Limited, Chowk Bazaar, Ilam
  • Everest Bank Limited, Pihkal, Ilam
  • Siddhartha Bank Limited, Ilam
  • Century Commercial Bank Limited, Bhanupath, Ilam
  • Global IME Bank Limited, Pihkal, Ilam
  • Nepal SBI Bank Limited, Ilam
  • Machhapuchhre Bank Limited, Ilam
  • Project area-Ilam Municipality, Ward no 9 and 10
Global IME Capital Limited has been appointed as issue manager for issue.
Caring Rating Nepal has assigned grading “CARE-NP IPO Grade 4” for IPO.
It had completed 4.5 MW Mai Khola Small Hydropower project In Godak VDC & nearly completed 8 MW Mai samall Cascade Hydropower project in Illam.


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